Masimba profits rise 15.7% in Q3
Tatenda Mazuruse
Construction giant Masimba Holdings remained profitable in the quarter ending September with profit after tax in hyperinflationary terms at 15.7 percent from two percent recorded during the same period last year with the...
ICSAZ becomes member of international accounting body
The Institute of Chartered Secretaries and Administrators in Zimbabwe (ICSAZ) has been admitted to the International Federation of Accountants (IFAC) as an associate member, only the second Professional Accountancy Organisation in Zimbabwe to become...
Tobacco land preparations behind schedule
Farai Mabeza
Small-scale tobacco farmers are behind schedule in preparing their land for the cropping season with draught power shortages crippling activities although there are high expectations for an increase in hectares of around 10...
Afdis volumes up 28% in Q1, revenue up 15% on favourable sales mix
HARARE (FinX) – Afdis volumes in the three months to September 2020 grew 28% over the same period last year. This is despite the effect that the COVID-19 pandemic restrictions had in the quarter...
Chengetedzai increases collateral pledged to RBZ as new accounts rise
HARARE (FinX) – Chengetedzai Security Depository (CSD) has increased collateral security pledged to the Reserve Bank of Zimbabwe to ZWL $261 million from ZWL $70million, a figure which is above the daily...
Red Cross, Nestle Zimbabwe fight COVID-19 in schools
Tawanda Marwizi
The Zimbabwe Red Cross Society has joined hands with Nestle Zimbabwe in the fight against the spread of the COVID-19 pandemic in schools distributing Personal Protective Equipment (PPEs) in schools.
Schools in Mashonaland Central...
Turnall in Q3 volumes recovery, expects higher demand in Q4
HARARE (FinX) Turnall Holdings reported an 11% growth in sales volumes in the third quarter to September as the group experienced increased demand for its products following the easing of the coronavirus lockdown restrictions.
According...
From Harare to the world: How Emirates is reconnecting Zimbabwe to the world
Nasser Bahlooq
In March 2020, COVID-19 became the biggest disruptor in modern travel history — closing borders, grounding planes, and restricting movement on a scale never seen before.
New board for CAPS Holdings
Staff Writer
Government has appointed a new board for CAPS (PVT) Ltd with Nyaradzai Matondo, a pharmaceutical quality assurance specialist, leading the five-member board.
The appointment, announced by the Ministry of Industry and Commerce, follows President...
Special fares for Zimbabweans from Emirates
Staff Writer
Emirates is giving travellers from Zimbabwe the opportunity to fly better to Dubai with a special offer for Business Class and Economy Class passengers.
According to a statement, travellers from Zimbabwe planning a trip...
















